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Morgan Street Properties 2 Office Properties Offered at $3,777,004 CAD in Raleigh, NC
Investment Highlights
- Private, park-like setting in back of property
- Walkable to many Downtown restaurants, bars, shopping, and other amenities including Union Station, Nash Square, Glenwood South, and Morgan St. Food
- Surrounded by affluent and rapidly growing residential and commercial developments
- On-site parking in front and rear of the property and free street parking available
Executive Summary
Comprised of 2 buildings at the intersection of W. Morgan Street and St. Mary’s Street in Downtown Raleigh. Entrances on both W. Morgan Street and St. Mary’s Street.
715 W. Morgan Details: PIN #: 1703385885, ± 2,000 SF Building on ± 0.19 Acres, 3-Story building with 5 private offices, reception area, bathroom on each level, full kitchen, and unfinished basement, and entrance on St. Mary’s Street
717 W. Morgan Details: PIN #: 1703385826, ± 4,634 SF Building on ± 0.23 Acres, Connected 3-car garage with apartment, 2 Full baths on top level, half bath on main level, full kitchen, and finished basement, Landscaped courtyard in front, and entrance on W Morgan Street
Property is zoned to go up to 4 floors.
715 W. Morgan Details: PIN #: 1703385885, ± 2,000 SF Building on ± 0.19 Acres, 3-Story building with 5 private offices, reception area, bathroom on each level, full kitchen, and unfinished basement, and entrance on St. Mary’s Street
717 W. Morgan Details: PIN #: 1703385826, ± 4,634 SF Building on ± 0.23 Acres, Connected 3-car garage with apartment, 2 Full baths on top level, half bath on main level, full kitchen, and finished basement, Landscaped courtyard in front, and entrance on W Morgan Street
Property is zoned to go up to 4 floors.
Property Facts
| Price | $3,777,004 CAD | Number of Properties | 2 |
| Price / SF | $569.34 CAD / SF | Individually For Sale | 2 |
| Sale Condition | Redevelopment Project | Total Building Size | 6,634 SF |
| Sale Type | Investment | Total Land Area | 0.42 AC |
| Status | Active |
| Price | $3,777,004 CAD |
| Price / SF | $569.34 CAD / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 6,634 SF |
| Total Land Area | 0.42 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 717 W Morgan St, Raleigh, NC 27603 | Office | 4,634 SF | 1910 | $2,428,074 CAD |
| 715 W Morgan St, Raleigh, NC 27603 | Office | 2,000 SF | 1910 | $1,618,716 CAD |
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